Wild swings in margin estimates under RIM calculations led Walmart executives to pull their profit guidance in May.

Walmart’s Chief Financial Officer John David Rainey warned Thursday that shoppers could begin to feel price increases on consumer goods as soon as next month as a result of Donald Trump’s tariffs.

CFO John David Rainey said RIM accounting will accentuate tariff-induced financial swings.

Walmart announced price hikes due to tariffs. CFO John David Rainey noted the unprecedented speed and magnitude, anticipated ...

While Walmart CFO John David Rainey lauded Trump's recent tariff cuts, he said rates remain too high, which could cause uncertain shopper behavior.

“If you’ve not already seen it, it will happen in May and then it will become more pronounced,” Chief Financial Officer John David Rainey said of price hikes in an interview.

“The magnitude and speed at which these prices are coming to us is somewhat unprecedented in history,” Walmart Chief Financial Officer John David Rainey said in an interview.